Western Midstream Partners, LP (NYSE:WES – Free Report) – Equities researchers at US Capital Advisors boosted their Q2 2026 earnings per share (EPS) estimates for Western Midstream Partners in a research report issued to clients and investors on Wednesday, July 29th. US Capital Advisors analyst J. Carreker now forecasts that the pipeline company will post earnings per share of $0.90 for the quarter, up from their previous forecast of $0.87. US Capital Advisors currently has a “Strong-Buy” rating on the stock. The consensus estimate for Western Midstream Partners’ current full-year earnings is $3.49 per share. US Capital Advisors also issued estimates for Western Midstream Partners’ Q3 2026 earnings at $0.89 EPS, Q4 2026 earnings at $0.89 EPS, Q1 2027 earnings at $0.92 EPS, Q2 2027 earnings at $0.93 EPS, Q3 2027 earnings at $0.96 EPS, Q4 2027 earnings at $0.95 EPS, FY2027 earnings at $3.76 EPS and FY2028 earnings at $4.08 EPS.
Several other analysts also recently commented on the company. Stifel Nicolaus set a $46.00 price objective on Western Midstream Partners and gave the stock a “buy” rating in a research note on Thursday, May 7th. Morgan Stanley upgraded Western Midstream Partners from an “underweight” rating to an “equal weight” rating and set a $51.00 target price on the stock in a research note on Wednesday, June 10th. Citigroup lifted their price objective on shares of Western Midstream Partners from $39.00 to $42.00 and gave the company a “neutral” rating in a research report on Tuesday, May 12th. JPMorgan Chase & Co. lifted their price target on shares of Western Midstream Partners from $46.00 to $47.00 and gave the company a “neutral” rating in a research note on Tuesday, July 14th. Finally, Royal Bank Of Canada restated a “sector perform” rating on shares of Western Midstream Partners in a research note on Tuesday, July 21st. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $46.25.
Western Midstream Partners Price Performance
Shares of Western Midstream Partners stock opened at $47.03 on Thursday. The company has a 50-day simple moving average of $44.69 and a two-hundred day simple moving average of $42.85. The stock has a market capitalization of $18.52 billion, a price-to-earnings ratio of 15.37, a price-to-earnings-growth ratio of 1.96 and a beta of 0.68. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 2.34. Western Midstream Partners has a twelve month low of $36.90 and a twelve month high of $48.63.
Western Midstream Partners (NYSE:WES – Get Free Report) last posted its earnings results on Wednesday, May 6th. The pipeline company reported $0.85 EPS for the quarter, topping the consensus estimate of $0.74 by $0.11. Western Midstream Partners had a return on equity of 33.89% and a net margin of 29.98%.The business had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.01 billion. During the same quarter last year, the company earned $0.79 EPS. Western Midstream Partners’s revenue was up 22.5% on a year-over-year basis.
Western Midstream Partners Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, August 14th. Shareholders of record on Friday, July 31st will be paid a dividend of $0.93 per share. The ex-dividend date of this dividend is Friday, July 31st. This represents a $3.72 annualized dividend and a yield of 7.9%. Western Midstream Partners’s payout ratio is presently 121.57%.
Institutional Investors Weigh In On Western Midstream Partners
A number of large investors have recently added to or reduced their stakes in WES. Alps Advisors Inc. grew its stake in Western Midstream Partners by 0.9% during the fourth quarter. Alps Advisors Inc. now owns 35,074,357 shares of the pipeline company’s stock worth $1,385,437,000 after buying an additional 299,631 shares during the last quarter. Invesco Ltd. increased its position in shares of Western Midstream Partners by 0.3% in the third quarter. Invesco Ltd. now owns 24,292,437 shares of the pipeline company’s stock worth $954,450,000 after purchasing an additional 81,183 shares during the period. Goldman Sachs Group Inc. increased its holdings in Western Midstream Partners by 10.9% in the 4th quarter. Goldman Sachs Group Inc. now owns 9,562,213 shares of the pipeline company’s stock worth $377,707,000 after purchasing an additional 936,376 shares in the last quarter. Tortoise Capital Advisors L.L.C. raised its stake in Western Midstream Partners by 15.8% during the fourth quarter. Tortoise Capital Advisors L.L.C. now owns 8,539,175 shares of the pipeline company’s stock worth $337,297,000 after buying an additional 1,163,991 shares during the last quarter. Finally, Morgan Stanley lifted its holdings in shares of Western Midstream Partners by 98.1% in the 4th quarter. Morgan Stanley now owns 5,446,475 shares of the pipeline company’s stock worth $215,136,000 after purchasing an additional 2,696,439 shares in the last quarter. Institutional investors own 84.82% of the company’s stock.
Trending Headlines about Western Midstream Partners
Here are the key news stories impacting Western Midstream Partners this week:
- Positive Sentiment: US Capital Advisors raised earnings forecasts across multiple periods. The firm increased its estimates for Q2 and Q3 2026 EPS to $0.90 and $0.89, respectively, and lifted its Q4 2026 estimate to $0.89. It also raised estimates for each quarter of 2027, with FY2027 EPS now projected at $3.76 versus $3.71 previously, and FY2028 EPS at $4.08 versus $4.02. The revisions suggest stronger expected operating performance and support the firm’s “Strong-Buy” rating.
- Positive Sentiment: The updated forecasts are above the current-year consensus EPS estimate of $3.49, providing a potentially bullish earnings outlook for investors. WES previously reported quarterly EPS and revenue above analyst expectations, with revenue up 22.5% year over year.
- Neutral Sentiment: Western Midstream Partners is valued near the upper end of its recent trading range. Its shares remain above both the 50-day and 200-day moving averages, indicating positive technical momentum but also leaving less room for gains if new catalysts do not emerge.
- Negative Sentiment: A newly highlighted shelf filing is putting WES’s valuation story back in focus. While a shelf registration does not necessarily mean securities will be issued immediately, the potential for future capital raising can create dilution or supply-overhang concerns. Western Midstream Partners (WES) Shelf Filing Puts Its Valuation Story Back In Focus
About Western Midstream Partners
Western Midstream Partners, LP (NYSE: WES) is a midstream energy infrastructure company that owns, operates and develops an integrated network of crude oil, natural gas and produced water gathering, processing, transportation and storage assets in the United States. The partnership’s primary offerings include pipeline transportation, fractionation services, natural gas liquids (NGL) logistics and produced water handling. Through its fee-based and commodity-based contracts, Western Midstream provides its customers with essential services that support efficient energy production and distribution.
The company’s asset portfolio spans key onshore basins, including the Delaware Basin in West Texas and southeastern New Mexico, the San Juan Basin in New Mexico and Colorado, and the Denver-Julesburg Basin in Colorado.
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